Porter Insurance Agency
- Company typePrivate
- Founded1940
- HeadquartersBrownwood, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Porter Insurance Agency firmographics
Firmographics- Name
- Porter Insurance Agency
- Legal name
- Porter Insurance Agency, Inc.
- Website
- https://porterins.com
- Company type
- Private
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Porter Insurance Agency industry classification
Industry- Product category
- Insurance Agency Services
- NAICS
- Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where Porter Insurance Agency is headquartered
LocationHeadquarters
- HQ city
- Brownwood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Porter Insurance Agency business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Commissions: Porter Insurance Agency earns commissions from insurance carriers for placing policies. As an independent agency representing multiple insurance companies, they receive compensation when customers purchase policies through their agency.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based insurance pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Porter Insurance Agency product offering
Product offeringCore offering
Porter Insurance Agency is an independent insurance agency that places personal, commercial, and farm & ranch insurance policies on behalf of multiple carriers. The agency also sells surety bonds through an automated online portal, with revenue earned via carrier commissions on policy placements.
Product overview
Porter Insurance Agency is an independent insurance agency offering a comprehensive portfolio of insurance products organized across three core service lines: Personal Lines (including home, auto, renters, umbrella, watercraft, RV, motorcycle, flood, classic car, and valuables insurance), Business Lines (including commercial property, general liability, business owners policy, cyber insurance, business auto, commercial umbrella, directors & officers, and workers compensation), and Farm & Ranch Insurance (including dwelling/personal property, structures, liability, machinery/equipment, livestock, and guides & outfitters coverage). The agency also provides instant online surety bonds through a partner platform. As an independent agency representing multiple insurance carriers, Porter offers customers choice and competitive pricing across multiple markets including Nationwide, Progressive, Travelers, Liberty Mutual, Safeco, and others.
Differentiator
Problem solved
Functional benefit
Products and services
- Home Insurance
Companies that use Porter Insurance Agency
Customer profileSegments3 records
Ideal customer profiles4 records
Porter Insurance Agency technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Porter Insurance Agency partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core.
- NationwidecoreNationwide is one of the insurance carriers represented by Porter Insurance Agency. As an independent agency, Porter sells Nationwide policies to customers seeking various coverage options.
- Progressive InsurancecoreProgressive Insurance is one of the insurance carriers represented by Porter Insurance Agency for auto and other personal lines coverage.
- Travelers InsurancecoreTravelers Insurance is one of the insurance carriers represented by Porter Insurance Agency, offering commercial and personal insurance products.
- Liberty MutualcoreLiberty Mutual is one of the insurance carriers represented by Porter Insurance Agency.
- Safeco InsurancecoreSafeco Insurance (Liberty Mutual subsidiary) is one of the insurance carriers represented by Porter Insurance Agency.
- Blue Cross BlueShield of TexascoreBlue Cross BlueShield of Texas is one of the insurance carriers represented by Porter Insurance Agency for health and related coverage.
- Germania InsurancecoreGermania Insurance is one of the insurance carriers represented by Porter Insurance Agency, serving Texas customers.
- Philadelphia InsurancecorePhiladelphia Insurance is one of the insurance carriers represented by Porter Insurance Agency for commercial coverage.
- State Auto InsurancecoreState Auto Insurance is one of the insurance carriers represented by Porter Insurance Agency.
- Texas Mutual InsurancecoreTexas Mutual Insurance is one of the insurance carriers represented by Porter Insurance Agency, specializing in workers compensation.
- Westfield InsurancecoreWestfield Insurance is one of the insurance carriers represented by Porter Insurance Agency.
- AcuitycoreAcuity is one of the insurance carriers represented by Porter Insurance Agency.
- United States Liability InsurancecoreUnited States Liability Insurance is one of the insurance carriers represented by Porter Insurance Agency for liability coverage.
- BKCWcorePorter Insurance has joined forces with BKCW, indicating a merger or strategic alliance. BKCW is a partner agency that Porter Insurance united with to expand capabilities and service offerings.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Porter Insurance Agency competitors and assessment
Company assessmentOthers
- Acuity Insurance: Acuity is one of the insurance carriers Porter represents; it is a Midwest-based mutual insurer known for commercial and personal lines. Listed here as a carrier-counterparty peer reflecting Porter's distribution relationship rather than direct competition.
- Westfield Insurance: Westfield Insurance is one of the carriers Porter represents and is a regional Ohio-based carrier with strong independent-agent distribution. Included as a carrier-counterparty peer illustrating Porter's carrier-partner ecosystem.
Broad incumbents
- Country Financial: Country Financial is a regional insurance and financial services carrier-agency hybrid with deep farm/ranch and rural customer roots across the central U.S. It is comparable to Porter on farm/ranch product specialization and rural-Texas customer base.
- Burns & Wilcox: Burns & Wilcox is a major specialty insurance brokerage that operates in the same independent-brokerage channel as Porter but focuses on complex commercial and specialty risks. Relevant as a structural peer for Porter's specialty and commercial lines ambitions.
- Insurance Office of America (IOA): IOA is a large national independent insurance agency with personal, commercial, and benefits brokerage capabilities. It demonstrates the scaled-independent-agency model Porter/BKCW may evolve toward as they consolidate Texas agencies.
Direct peers
- Higginbotham Insurance & Risk Management: Higginbotham is one of the largest independent insurance agencies in Texas, offering personal, commercial, and specialty lines through a multi-carrier model. It is the leading scaled comparable to Porter's independent-agency-plus-carrier-representation business, though operating at much larger scale.
- Estes & Company Insurance: Estes & Company is a Texas independent insurance agency offering personal, commercial, and farm/ranch coverage with a comparable multi-carrier independent-agent model focused on Central and West Texas.
- BKCW Insurance: BKCW is Porter Insurance's merger partner and is also a Texas-based independent insurance agency. As Porter's announced combination partner, BKCW offers near-identical multi-line personal, commercial, and farm/ranch coverage through carrier appointments in the same Central Texas geography.
- TIS Insurance (Texas Insurance Specialists): TIS Insurance is referenced directly in Porter's bond product URLs (tisins.com) and appears to be a Texas-focused insurance agency with a strong surety-bond product line. The deep operational overlap, including shared surety platforms, makes this a direct peer.
Regional players
- Texas Farm Bureau Insurance: Texas Farm Bureau Insurance is a regional carrier/agency hybrid that is one of the largest writers of farm, ranch, and rural property coverage in Texas. It is a primary competitor for Porter's farm/ranch segment, although it operates as a more captive carrier-affiliated model.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Porter Insurance Agency social profiles
Digital presencePorter Insurance Agency financial estimates
Financial estimateRevenue estimate
Valuation estimate
Porter Insurance Agency leadership team
Management profileNumber of profiles
Porter Insurance Agency funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Porter Insurance Agency M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Porter Insurance Agency
What does Porter Insurance Agency do?
Porter Insurance Agency is an independent insurance agency that places personal, commercial, and farm & ranch insurance policies on behalf of multiple carriers. The agency also sells surety bonds through an automated online portal, with revenue earned via carrier commissions on policy placements.
Is Porter Insurance Agency a public or private company?
Porter Insurance Agency is a private company. It is classified as family owned and is currently operating.
When was Porter Insurance Agency founded?
Porter Insurance Agency was founded in 1940. It employs 51 to 100 people.
Where is Porter Insurance Agency based?
Porter Insurance Agency is headquartered in Brownwood, United States, in the North America region.
How does Porter Insurance Agency make money?
One revenue line is on record: insurance Commissions.
Who are Porter Insurance Agency's main competitors?
Others on record are Acuity Insurance and Westfield Insurance. Broad incumbents are Country Financial, Burns & Wilcox and Insurance Office of America (IOA). Direct peers are Higginbotham Insurance & Risk Management, Estes & Company Insurance, BKCW Insurance and TIS Insurance (Texas Insurance Specialists). Texas Farm Bureau Insurance is listed as a regional player.
Does Porter Insurance Agency have an API?
No public API is recorded for Porter Insurance Agency.
What industry is Porter Insurance Agency in?
Porter Insurance Agency's product category is Insurance Agency Services. Its primary akta.pro industry code is FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 524210 and its SIC code is 6411.